Why would a business want to be incorporated?
Mia Ramsey
Published Mar 05, 2026
Incorporate before hiring employees helps to protect your assets. If you run your business as a sole proprietorship, you as an individual are liable and your personal assets are at risk. However, if you have incorporated, the corporation or LLC is the employer and takes on this liability risk.
How do you start a business incorporated?
To begin incorporating a company, follow these simple steps below:
- Decide to incorporate. Before you set up a corporation, it’s important to understand the benefits of incorporating or forming an LLC.
- Select incorporate.com.
- Choose a business structure.
- Choose a state.
- Choose a package.
- Place your order.
How much does it cost to set up an incorporated company?
The Government fee for incorporation is $275.00 plus the cost of a NUANS search. Corporate Registry offices throughout the Province will also have an additional administrative fee that is approximately $225.00, making the total cost of incorporation over $500.00.
How long does it take to receive certificate of incorporation?
Postal applications take at least 8-10 days to process, so you will receive a hard copy of your certificate at your registered office address a few working days after incorporation, but it may take longer.
What makes you want to start your own business?
A lot of people think about starting a business, but for whatever reason the idea never becomes a reality. If you’re an entrepreneur who is on the fence about starting a business, we have the encouragement you need to take the first step. We asked 30 business owners to offer persuasive reasons for entrepreneurs to launch a business.
What are the rules of starting a business?
All the traditional rules of business still apply. Whether you start the business as a hobby or expect it to provide full-time income, it’s still a business. You still need legal protection, solid strategies and business plans, operational systems, and competent partners. You also need it to make money.
How do I start a business name?
Refine your idea. If you’re thinking about starting a business, you likely already have an idea of what you want to sell, or at least the market you want to enter.
Do you have competitors if you start your own business?
No matter what type of business you are starting or running, you will have competitors. Even if there is no other business offering exactly what you plan to sell, there is very likely to be other products or services your target customers are using to satisfy their need.
